Sunday, September 28, 2008

The most effective way to obliterate the middle class ;

From :
The Miscellaneous
Reference Material
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And We the People For Independent Texas :

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Take socialist Karl Marx's theory, for
example.

He believed the most effective way to
obliterate the middle class involved a
system of progressive taxation coupled
with inflation.

In the Federal Reserve's case, if the bank
continues to inflate the currency so that
everybody moves into higher and higher
tax brackets, eventually everybody will
pay 30 to 40 percent of their income to
taxes in Federal Reserve Notes,
all while the FRN decreases in value
due to inflation :
http://groups.yahoo.com/group/wtpcc/message/3077

In October 2007, Ohio Federal Court
Judge Christopher Boyko dismissed 14
foreclosure cases brought by investors,
ruling they failed to prove they owned
the properties they were trying to seize :
http://groups.yahoo.com/group/wtpcc/message/3079

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